Investment advice
Electric power and public utilities: it is recommended to pay attention to relevant companies in clean energy technology, carbon monitoring and other businesses; The increase of electricity price is conducive to the performance improvement of power plants. It is recommended that China National Nuclear Power Co.Ltd(601985) , China Yangtze Power Co.Ltd(600900) , Sdic Power Holdings Co.Ltd(600886) , China Three Gorges Renewables (Group) Co.Ltd(600905) , Shenergy Company Limited(600642)
Coal: recommend China Shenhua Energy Company Limited(601088) , Guizhou Panjiang Refined Coal Co.Ltd(600395) , and pay attention to Shan Xi Hua Yang Group New Energy Co.Ltd(600348) ? New energy: in terms of photovoltaic, it is suggested to pay attention to silicon wafer consumables (diamond wire and thermal field) and other links with a relatively good pattern; In terms of wind power, it is suggested to pay attention to the offshore wind power sector and recommend leading enterprises of pipe piles and submarine cables
New materials: it is suggested to focus on the leading energy metal enterprises Zhejiang Huayou Cobalt Co.Ltd(603799) , Tianqi Lithium Corporation(002466) , Chengxin Lithium Group Co.Ltd(002240) , Nuode Investment Co.Ltd(600110) benefiting from carbon neutralization and rapid growth in demand
Nonferrous Metals: focus on the continuous release of future production capacity Zijin Mining Group Company Limited(601899)
Risk tips
Macroeconomic decline than expected
If the macro-economy declines more than expected, the overall demand for energy will decline, which will affect the upstream and downstream of energy, and the profits of enterprises will be negatively affected accordingly.
Repeated outbreaks have slowed economic recovery
Virus mutation and repeated epidemics have greatly slowed down the progress of global economic recovery, affecting energy demand, thereby affecting prices and the performance of relevant companies.
Substantial growth in market supply
Driven by policies and profits, the energy supply capacity increases significantly, which may lead to oversupply and fierce market competition, which will affect the profits of the industry and related companies to a certain extent.
Influence of safety and environmental protection factors
The tightening of safety and environmental protection policies is a general trend. Production safety accidents such as energy and ferrous metallurgy are easy to occur, which is easy to cause instability in the production and operation of Companies in relevant industries.
The demand of wind power and photovoltaic industry is lower than expected
Attention should be paid to the risk that the demand of wind power and photovoltaic industry is less than expected.
